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JPMorgan points to weak Bitcoin futures as signal for bear market

June 10, 2021 by DIGIT
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Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted.

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Categories analysis, Bitcoin Price, Cryptocurrencies, JPMorgan
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  • bitcoinBitcoin(BTC)$107,857.00-1.58%
  • ethereumEthereum(ETH)$2,766.48-1.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.25-1.87%
  • binancecoinBNB(BNB)$666.33-0.42%
  • solanaSolana(SOL)$159.98-2.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.190580-3.80%
  • tronTRON(TRX)$0.274786-5.55%
  • cardanoCardano(ADA)$0.69-3.57%
  • bitcoinBitcoin(BTC)$107,857.00-1.58%
  • ethereumEthereum(ETH)$2,766.48-1.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.25-1.87%
  • binancecoinBNB(BNB)$666.33-0.42%
  • solanaSolana(SOL)$159.98-2.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.190580-3.80%
  • tronTRON(TRX)$0.274786-5.55%
  • cardanoCardano(ADA)$0.69-3.57%
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  • bitcoinBitcoin(BTC)$107,857.00-1.58%
  • ethereumEthereum(ETH)$2,766.48-1.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.25-1.87%
  • binancecoinBNB(BNB)$666.33-0.42%
  • solanaSolana(SOL)$159.98-2.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.190580-3.80%
  • tronTRON(TRX)$0.274786-5.55%
  • cardanoCardano(ADA)$0.69-3.57%
  • bitcoinBitcoin(BTC)$107,857.00-1.58%
  • ethereumEthereum(ETH)$2,766.48-1.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.25-1.87%
  • binancecoinBNB(BNB)$666.33-0.42%
  • solanaSolana(SOL)$159.98-2.97%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.190580-3.80%
  • tronTRON(TRX)$0.274786-5.55%
  • cardanoCardano(ADA)$0.69-3.57%